Company Earnings Update 4 minutesRegister for Free AccessBrookfield Property Partners (NASDAQ: BPY) 1Q19 Results: Beats Consensus by a Penny, Completes Share and Unit Repurchases Coresight Research May 7, 2019 Executive Summary Brookfield reported 1Q19 FFO per unit of $0.38, up 25.0% year over year and beating the consensus estimate by a penny. Net income was $0.32 per unit, compared to $0.69 in the year-ago quarter. Core retail exited the quarter at a 95.3% occupancy rate, down 10 bps year over year. NOI-weighted sales per square foot were $765, up 4% year over year and up 3% sequentially. During the quarter, the company completed $490 million of gross asset dispositions, at prices 3.6% higher than their International Financial Reporting Standards (IFRS) value. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Is Influencer Marketing Still Effective in the Global Beauty Market?Consumers’ Appetite For Luxury in a Post-Zero-Covid ChinaSportswear Brands in 1Q23: High Costs and Promotions Erode Margins, but Key Brands Remain Positive for Full-Year 2023US Consumer Tracker: Shoppers Weigh Holiday Needs Against Health and Weather Concerns
